STMicroelectronics and Quantenna Enter Strategic Licensing Agreement
(Thomson Reuters ONE) -
STMicroelectronics to integrate Quantenna's award-winning
802.11ac Wi-Fi technology into various system-on-chip platforms
Fremont, Calif. and Geneva - May 7, 2013 - STMicroelectronics (NYSE: STM), a
global semiconductor leader serving customers across the spectrum of electronics
applications, and Quantenna Communications, Inc., a leader in ultra-reliable Wi-
Fi networking for whole-home entertainment, announced today that they have
signed a non-exclusive worldwide licensing agreement giving ST the ability to
integrate Quantenna IP into its broad array of systems-on-chips and giving
Quantenna the ability to leverage the entire ecosystem of ST's entertainment,
networking and security products.
"Wi-Fi is becoming a crucial connectivity technology for a wide range of
products where ST is a leading semiconductor supplier," said Gianluca Bertino,
Executive Vice President and General Manager Digital Convergence Group,
STMicroelectronics. "Integrating Quantenna's best-in-class 802.11ac technology,
including the 4x4 configuration as well as other MIMO configurations like 3x3
and 2x2, into our products will enable us to further expand our leadership
position in several market segments."
"We are proud to work with a top semiconductor company like ST," said Dr. Sam
Heidari, Chief Executive Officer of Quantenna. "This licensing agreement opens a
new chapter in Quantenna's strategy and enables us to position ourselves into
new markets as well as leverage ST's exceptional customer and geographical
diversity."
The two companies have started joint engineering integration efforts and
the first ST products incorporating Quantenna Wi-Fi are expected to be
introduced next year.
About STMicroelectronics
ST is a global leader in the semiconductor market serving customers across the
spectrum of sense and power and automotive products and embedded processing
solutions. From energy management and savings to trust and data security, from
healthcare and wellness to smart consumer devices, in the home, car and office,
at work and at play, ST is found everywhere microelectronics make a positive and
innovative contribution to people's life. By getting more from technology to get
more from life, ST stands for life.augmented.
In 2012, the Company's net revenues were $8.49 billion. Further information on
ST can be found at www.st.com.
About Quantenna Communications, Inc.
Quantenna Communications, Inc. is a fabless semiconductor company developing
standards-based 802.11n and 802.11ac MIMO chipsets that deliver the highest
levels of performance, speed and reliability for wireless networks and devices.
Headquartered in Fremont, Calif., Quantenna has assembled a management and
engineering team with a long track record of start-up success, and is backed by
leading venture capital firms, including Sequoia Capital, Venrock, Sigma
Partners, Southern Cross Venture Partners, DAG Ventures, Rusnano, Swisscom
Ventures, Grazia Equity, and Telefónica Digital. Quantenna was recently named to
Wall Street Journal's 2012 list of top 50 start-ups. For additional information,
please visit www.quantenna.com.
###
Quantenna(TM), the logo, and Full-11n(TM) are the trademarks of Quantenna
Communications and its affiliates in the United States and certain other
countries. Wi-Fi® is a trademark of the Wi-Fi Alliance. Any other trademarks are
the property of their respective owners.
Media Contacts:
Mark Karayan
LEWIS PR for Quantenna
415-432-2400
quantenna(at)lewispr.com
Michael Markowitz
STMicroelectronics
781-591-0354
michael.markowitz(at)st.com
ST and Quantenna Strategic Licensing Agreement:
http://hugin.info/152740/R/1699866/560944.pdf
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Source: STMicroelectronics via Thomson Reuters ONE
[HUG#1699866]
Unternehmensinformation / Kurzprofil:
Datum: 07.05.2013 - 14:00 Uhr
Sprache: Deutsch
News-ID 257066
Anzahl Zeichen: 4749
contact information:
Town:
Geneva
Kategorie:
Business News
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